Indian stock markets saw a significant rise on Monday. This surge followed a drop in oil prices after U.S. President Donald Trump announced a postponement of strikes on Iran. Despite Iranian denials of talks, Trump’s statements created optimism. Oil prices fell over 10 percent. Cyclical sectors led the gains. Investors are now awaiting Federal Reserve...Read More

Powerica Ltd secured Rs 329.40 crore from anchor investors. The company’s Rs 1,100-crore IPO opens for subscription on March 24. Funds will be used to reduce debt and for general corporate purposes. This is Powerica’s second attempt to go public. The company is an integrated power solutions provider. Its stock market debut is scheduled for...Read More

Coal India’s board has approved divesting up to 25% of its stake in South Eastern Coalfields Ltd (SECL) via Offer for Sale, alongside a fresh issuance of up to 10% equity through an IPO or other market routes. This move, along with a similar divestment in Mahanadi Coalfields Limited, aims to raise capital and explore...Read More

Sai Parenteral’s Ltd has raised over Rs 122 crore from anchor investors ahead of its IPO opening on March 24. The Hyderabad-based pharmaceutical company allotted equity shares at Rs 392 apiece to prominent investors like Morgan Stanley Asia and Kotak Lifesciences Fund.Read More

Amir Chand Jagdish Kumar (Exports) Ltd has secured Rs 60 crore from anchor investors. This precedes their Rs 440 crore initial public offering opening on March 24. The company, known for its Aeroplane basmati rice brand, plans to use the funds for working capital and general corporate needs. The IPO will see a fresh issue...Read More

Ashish Kacholia sold his entire 1.44% stake in Brand Concepts via a bulk deal worth ₹3.9 crore. The sale follows weak microcap performance, with the stock down 36% over a year and 6% today.Read More

Nifty 50 ended lower, dragged by banks, auto, and consumer stocks amid Iran-Israel tensions, rising crude prices, and rupee lows, with key support breached at 22,930 and bearish momentum prevailing.Read More

In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty’s surprise quitting, Sebi chairman Tuhin Kanta Pandey on Monday said independent directors need to act responsibly, and back up any insinuations with evidence.Read More

Nifty 50 and Sensex fell sharply, dragged by banks, auto, and consumer stocks amid Iran-Israel tensions, high crude prices, and rupee lows, with bearish momentum persisting and volatility elevated.Read More

Gold pared some earlier losses on Monday after U.S. President Donald Trump said he would delay any strikes on Iranian power plants and energy infrastructure.Read More